2024-08-13

‘Deadpool & Wolverine’ tops $1 billion at the global box office

Ryan Reynolds and Hugh Jackman star in Marvel’s “Deadpool & Wolverine.” Disney The “Merc with a Mouth” is breaking even more box office records. Over the weekend, Disney and Marvel’s “Deadpool & Wolverine” became only the second R-rated film to top $1 billion at the global box office. And it’s on its way to becoming the highest-grossing R-rated film…

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2024-08-10

Paramount Global (PARA) Q2 earnings report 2024

The Paramount Studios in Los Angeles on April 29, 2024. Eric Thayer | Bloomberg | Getty Images Paramount Global is cutting 15% of its U.S. workforce, or about 2,000 jobs, part of a broader cost-cutting plan as it prepares for a merger with Skydance Media. Paramount has identified $500 million in cost savings, which include the head count reductions,…

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2024-08-06

Wall Street reacts to global market sell-off

(This is CNBC Pro’s live coverage of Monday’s Wall Street chatter as global markets sell off.) Stock markets around the world are selling off to start the week, as investors fear the U.S. could be headed into a recession amid a spate of softening economic data. Japan’s Nikkei 225 had its biggest one-day drop since 1987 overnight, losing 12.4%…

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2024-08-03

Intel share plunge drags down global chip stocks from TSMC to Samsung

Pat Gelsinger, chief executive officer of Intel Corp., speaks during the Computex conference in Taipei, Taiwan, on Monday, June 4, 2024. Gelsinger took the stage at the Computex show in Taiwan to talk about new products he expects will help turn back the tide of share losses to peers, including AI leader Nvidia Corp. Photographer: Annabelle Chih/Bloomberg via Getty Images Bloomberg…

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